interested parties have lined up and are getting antsy to buy it before competitors bid on it higher.
this is going out in the 50's to 60's, each passing day and more scripts written the more valuable it becomes.
potential competitor's FDA review coming up end of may and likely going to get black box warning or worse made to do much more testing will cause a stampede to buy RLYP.
possible buyout from multiple parties that have approached them and this opens up at 38
could happen any time and shorts won't have opportunity to cover
lol, you don't hire a M&A firm and week later drop them!
amazing people listen to this BS! If there wasn't truth to the fact that they received numerous indications of interest from big pharma they would have sold a ton of stock when it jumped up to 24 and would have announced they raised all the money they need...........didn't see that happen so i'm giving the buyout interest a lot of credibility. This latest rumor of dropping M&A firm to represent them already is bogus!
only thing thats a miss is your short position which is getting killed!
get your depends on when they announce they are getting bought out in the 50's
watch for news of hiring investment bank coming, just like RLYP, SGYP has had big pharma knocking on their door for a deal
back up the truck here as this will rebound or will get bought out by the likes of Allergen or other big pharma looking to buy orphan drugs on the cheap!
if you knew they converted 1/2 the debt for equity then you should have dropped them from the article, where is your professional journalist integrity? You had time to drop them as you "noted" that SGYP really didn't fit any more with what your article was about!
use early weakness to buy in here as it will challenge 50 day moving average at 3.32 and break out and run up to 4
to compete with CIC and Lizzie which are in hands of bigger pharma, they need to sell out to a major pharma company and big pharma needs SGYP too. Deal is forthcoming!
then quick move up over 4.00 on takeover talk